Sold518d on market

8550 Spinnaker Way

Ypsilanti, MI, 48197 • 48197 • Washtenaw County

$176,000

$87/sqft

2Beds

2Baths

2,019Sqft

1975Built

Property DNA

3 highlights

Ranch Style

Built 1975 · 51 years of history

SCHOONER COVE CONDOMINIUM

48197

1 Fireplace

Wood Burning

Market activity

Demand and pricing signals for this listing

10 views

People checking out this listing

1 saves

Buyers have saved this home

518 days on market

Established listing

$87/sqft

Price per square foot

About this home

Condo · Built 1975

Welcome to your beautiful and fully remodeled home! Modern elegance meets cozy comfort in an open concept living space bathed in natural and new recess lights. Step outside to a privately fenced yard with a built in grill. The kitchen boasts high-end stainless steel appliances and brand new shaker cabinets. The primary suite is a tranquil retreat, complete with a spacious walk-in closet and an en-suite bathroom featuring a soaking tub. Additional bedroom are versatile, perfect for guests or a home office. Need more? Possibilities are endless in the finished basement, that boast a beautiful brick wood burning fireplace, an island/bar with a sink, brand new flooring tons of space for storage and plumbing for an additional bathroom!

Estimated monthly payment

Based on current rates

$1,379/month

Principal & Interest$925

Property Tax$176

Insurance$59

HOA$219

Down payment20% ($35,200)

3%50%

Est. 6.88% rate · 30yr fixed · $140,800 loan

Full calculator →

At a glance

Key facts and listing details

TypeCondominium

Year Built1975

HeatingForced Air

CoolingCentral Air

ParkingNo Data

HOA$219 monthly

Property

Home typeCondo

Sub-typeCondominium

StyleRanch

Year built1975

Stories1

Systems

HeatingForced Air

CoolingCentral Air

ConstructionBrick

Water / SewerPublic / Public Sewer

Parking & Outdoor

BasementFull

Fireplaces1

Lot0

Location & Tax

Neighborhood48197

Annual tax$1,572

ParcelK1122170028

Bathrooms & Fees

Full baths1

HOA$219/mo

Features & details

7 categories of property features

Interior Features

Appliances

Disposal

Microwave

Oven

Refrigerator

Heating

Forced Air

Cooling

Central Air

Laundry

In Basement

Laundry Room

Fireplace

Wood Burning

Exterior Features

Construction

Brick

Utilities

Electricity Available

Natural Gas Connected

Room details

6 rooms detailed

Bedroom2

Main

10×10 ft100 sqft

Bedroom3

Main

12×10 ft120 sqft

Bathroom1

Main

5×6 ft30 sqft

Bathroom2

Main

8×9 ft72 sqft

Kitchen

Main

10×12 ft120 sqft

Living Room

Main

10×12 ft120 sqft

Listing insights

Market data and value estimates

StatusSold

Days on market518

Est. value$181,600

Est. rent$1,754/mo

Tax rate1.49%

Price/sqft$87

On marketOct 2, 2024

PostedSep 30, 2024

Last sold$176,000

MLS statusSold

MLS updatedNov 9, 2024

Tour days6

Favorites1

How are the schools in Ypsilanti?

3 schools rated nearby

Bishop Elementary School

Elementary • Public • K-5

3.7 mi

Lincoln Middle School

Middle • Public • 6-8

3.7 mi

Lincoln Senior High School

High • Public • 9-12

3.9 mi

Location

Ypsilanti, MI, 48197

Expand map

Price history

4 events

DateEventPrice$/sqftSource

Nov 4, 2024Sold$176,000$87MichRIC

Oct 2, 2024Listed For Sale$184,999$92MichRIC

Aug 8, 2024Sold$95,000$47Public Record

Feb 2, 2023Sold$146,700$73Public Record

Sold$176,000

Nov 4, 2024•$87/sqft•MichRIC

Listed For Sale$184,999

Oct 2, 2024•$92/sqft•MichRIC

Sold$95,000

Aug 8, 2024•$47/sqft•Public Record

Sold$146,700

Feb 2, 2023•$73/sqft•Public Record

Tax history

26 years of records

YearTax paidAssessed value

Apr 7, 2025$1,600$78,400

Apr 7, 2024—$75,500

Apr 7, 2023—$56,800

Apr 7, 2022—$48,500

Apr 7, 2021—$47,100

Apr 7, 2020—$41,400

Apr 7, 2019—$32,500

Apr 7, 2018—$32,700

Apr 7, 2017$903$31,700

Apr 7, 2016$903$19,259

Apr 7, 2015$858$19,202

Apr 7, 2014$858$27,100

Apr 7, 2013$858$27,100

Apr 7, 2012—$30,500

Apr 7, 2011—$36,300

Apr 7, 2010—$45,132

Apr 7, 2009—$45,268

Apr 7, 2008—$43,361

Apr 7, 2007—$42,387

Apr 7, 2005—$62,000

Apr 7, 2004—$58,300

Apr 7, 2003—$50,500

Apr 7, 2002$1,383$44,800

Apr 7, 2001$704$41,100

Apr 7, 2000—$40,000

Apr 7, 1999——

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Neighborhood details

Local context around this listing

Ypsilanti, MI • Washtenaw County

Nearby neighborhoods

Ashford VillageCollege HeightsGolf Side LakeHeritage ParkHistoric South SideMidtownNormal ParkRiversideRosewood VillageWellesley Gardens

Nearby cities

Ann ArborChelseaDexterNorthvillePlymouthSalineSouth LyonSuperior

Nearby zip codes

4819748198

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Value estimates

Live

Est. value$181,600

Est. rent$1,754/mo

30yr rate est.6.88%

Affordability$1,433/mo

Accepted financing

CashFHAConventional

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